This project is for mathematicians, programmers and experts in ALGOs. Build me a tool which can value a precious metal portfolio
$5000-10000 SGD
Paid on delivery
I am looking to create a bullion trading website. This is a website where buyers and sellers of bars and coins can buy/sell amongst each other to avoid having to pay retail prices that bullion dealers charge. Furthermore if I have a coin collection, the bullion dealer buyback prices are not competitive. This website will bring buyers and sellers together.
This valuation project is a side project within the bullion trading website. Many collectors of coins like myself have many many varieties of mints/years/sizes/types etc but struggle to value them in the absence of actual market data. All I have to go on is the price I can buy the coin from a bullion dealer and the price the bullion dealer is willing to buyback the coin. This is a wide spread and the true market price is somewhere inbetween this.
Within my website, I want users to be able to build an inventory of their bars and coins and I want to offer a bespoke valuation tool which gives users an approximation of the value of their inventory. The lower bound of the value will depend on the spot price of the metal. The upperbound will depend on a variety of factors.
In the simplest version of this tool, if I have 1 coin in my inventory and that exact coin traded on the website on a particular day, the value of my coin will be a function of the traded price (taking into account where the spot price of the underlying metal was at the time).
But if I have 1 coin in my inventory and that coin did not trade on my website, then how do I value it? Lets say another coin traded from the same mint but a different year, that information should be the next best thing and used as an input. Lets say no coins from the same mint traded on the day but a coin traded yesterday. That info might be better to use than something else.
What I mean is, there will be lots and lots of information about coins trading, there will be information from bullion dealers, there will be historical information, there will be correlation matrices between coins, .....all this information should be used to come up with a strong model to give a fairly good range. As the market data gets more richer and you have more and more price points, the valuation accuracy should increase.
I am looking for someone with an idea of how this might work, what the framework should look like, how the rules will work within an algo etc.
Of course there will be some coins which are very hard to value. But the majority should use some robust rules to value them and the model should be able to react to new information.
Project ID: #18546679
About the project
30 freelancers are bidding on average $8792 for this job
Hi, I've read the project description and definitely can develop the new algorithms. I'll provide you with the highly skilled & dedicated HTML, Angular.js, PHP, JavaScript, front & back-end web development services and More
Hello, We are IT-Engineers with higher education, having more than 15 years of experience, developing sophisticated Web and Mobile solutions from scratch. Our indicative time/cost estimation for your project reli More
Hello I read your description and can know that you'd like to build a website for dealers. As a senior developer who has good experience in web design and development, I'd like to help you with this project. You More
Hi! I'm interesting your project very well. I am a full time developer and i can work more than 50 hours in a week. I am mastering c++ and I'm a good Mathematician. And also I have many experience and good skill a More
Hello, I have more than 8 years experience on Mobile/Web application. I also have experience developing backend API’s and Web interfaces. I wish to apply for your project, since reading through your project detail More
Dear sir. Your project attracted my attention at first glance, because I've extensive experience in Math & Algorithm Programming. I'm really confident about your project, and very eager to join your project. If we More
Hello, I am very familiar with this project because i have rich experiences with this fields. I have done before several kinds of exchange and trading platforms. And also i have full experiences with web scrapping. More
Hello! I am very interested in your post project. i am really looking for this kind of project for a long time in freelancer since i have rich experience on it. I think this project is very suitable for me and i am More
Hi,dear. I've just checked all requirements of your project 'This project is for mathematicians, programmers and experts in ALGOs. Build me a tool which can value a precious metal portfolio'. I'm a senior software deve More
I will give you the best algorithm for buy sell of your bars and coins over your webpage among your customers. I will use apache server and php with javascript to deploy it. Algorithm will be the segmented values of th More
Hi there, I'd be happy to assist with your bullion trading website - I am both a programmer and very proficient in graduate-level (university) mathematics. This is our first time joining freelancer.com, but we b More
I have an expert knowledge of HTML5, CSS3, and JavaScript, including LESS/SASS, Angular, React, NodeJS, Backbone, Bootstrap and Grunt. I have also used Ruby on Rails on some of my independent projects. I’m self-taught More